04-04-2007, 10:46 PM
We started recently in our daily 10AM Real-Time Trading Applications to try and find one stock a day that we can highlight. Today's pick was Monsanto (MON). Prior to its earnings release I noticed it was trending nicely and it had a very good DT Profile.
Monsanto is the world's largest seed company. It said demand for corn based ethanol led to strong corn seed sales. MON rose $1.79 today.
We will be monitoring for a pullback and a quality upper Swing buy setup to try and catch this uptrend at the right time and price.
Monsanto is the world's largest seed company. It said demand for corn based ethanol led to strong corn seed sales. MON rose $1.79 today.
We will be monitoring for a pullback and a quality upper Swing buy setup to try and catch this uptrend at the right time and price.